HMLR practice guide updates: February 2023

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HM Land Registry practice guide updates: PG6, PG19, PG21, PG30, PG50, PG63, PG64, PG67, PG78, PG82 Devolution on the death of a registered proprietor (PG6) Page summary: What to do following the death of a joint, sole or last surviving proprietor of a registered estate, charge or mortgage (practice guide 6). Change made: Section 1.1 […]

LMS annual remortgage snapshot – 2022

Key stats: £214.28 average monthly repayment increase for those who remortgaged in 2022 47% of borrowers increased their loan size in 2022 65% of those who remortgaged took out a 5-year fixed rate product, the most popular product in 2022 27% said their main aim when remortgaging was to release equity in property Remortgage loan […]

Amid rising financial crime in conveyancing, PLS Solicitors chooses LMS confirmly software to minimise risk for clients

Today, LMS, the UK’s leading conveyancing services provider, has announced a new partnership with PLS Solicitors, an award-winning property law firm, to integrate confirmly, a fast and secure law firm identity checking technology, with their case management system. Amid the increasing Solicitors Regulation Authority (SRA) fines for anti-money laundering (AML) compliance breaches, PLS Solicitors is […]

Search Pledge – all you need to know

In the latest index, The House Buyer Bureau revealed that there has been a sharp increase in both the number of property transactions falling through in Q3 2022 as well as associated costs. Their data showed that in Q3 of last year, 90,188 transactions are estimated to have fallen through and if this continues to […]

North-South house price divide “starting to close” – report

New research has suggested that, while the North-South house price divide remains “considerable”, the chasm has started to narrow. According to eXp UK, this is largely driven by higher rates of house price growth seen across the North during the pandemic property market boom, as well as growing market sentiment as a result of the […]